Lot 40 Poole , Dorset BH15 1DE
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www.acuitus.co.uk 106 High Street lot 40 Poole , Dorset BH15 1DE Freehold Retail Investment • Let to Baleday Limited until 2026 • Pedestrianised location close to Yates, Rent (no breaks) McDonald’s and Iceland £55,000 per annum • Attractive former bank in affluent • VAT-free investment exclusive Dorset town Location Description Miles: 5 miles west of Bournemouth The property comprises ground floor retail (amusement arcade) 29 miles south-west of Southampton accommodation, with ancillary accommodation on basement and N Roads: A31, A35, M27 first floors. Rail: Poole Railway Station Air: Southampton Airport Tenure Freehold. Situation The property is situated in a prominent location on the western side VAT of the pedestrianised High Street, at its junction with Hill Street VAT is not applicable to this lot. and south of Chapel Lane. Nearby occupiers include Yates Public Six Week Completion House, McDonald’s, Iceland, Peacocks, Robert Dyas and Greggs. Tenancy and accommodation Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Reviews Ground Retail/Ancillary 118.00 sq m (1,270 sq ft) BALEDAY 15 years from 25/11/2011 £55,000 25/11/2016 Basement Ancillary (restricted - - LIMITED (1) until 24/11/2026 on a full and access) (t/a Cashino) repairing and insuring 25/11/2021 First Ancillary 61.50 sq m (662 sq ft) lease Total Commercial Area 179.50 sq m (1,932 sq ft) £55,000 (1) For the year ending 31st December 2014, Baleday Limited reported a turnover of £26,298,000, pre-tax profits of £3,012,000 and a total net worth of £2,206,000, a part of Praespe Holdings Limited (Source: Experian Group 11/11/2015). For further details please contact: Buyer’s Legal Report Service Seller’s Solicitors: David Margolis Dentons UKMEA LLP Blake Morgan LLP Tel: +44 (0)20 7034 4862. Contact: Greg Rigby. New King’s Court, Tollgate, Chandler’s Ford, Email: [email protected] Tel: +44 (0)207 320 3968. Eastleigh, Southampton SO53 3LG . George Watkins Email: [email protected] Tel: +44 (0)2380 908090. Tel: +44 (0)20 7034 4861. See: www.acuitus.co.uk for further Email: [email protected] Email: george. [email protected] details Ref: Jim Smith. Copyright and confidentiality Experian, 2013. ©Crown copyright and database rights 2013 Ordnance Survey 100017316. www.acuitus.co.uk For identification purposes only. The Special Conditions of Sale and a legal package are available on-line at www.acuitus.co.uk page 65.